The following are the spot bid-ask rates for the dollar perpound exchange rate: Sb($|?), is $1.03 = ? 1.00 Sa($|?), is $1.18 =? 1.00 An

The following are the spot bid-ask rates for the dollar perpound exchange rate: Sb($|â?¬), is $1.03 = â?¬ 1.00 Sa($|â?¬), is $1.18 =â?¬ 1.00 An investor buys Euros using $90,000 and sells themimmed 2 answers